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Economic shocks in the macroeconomic theory: methodological determinism

Kalinkova Irina Y.  (Taras Shevchenko National University of Kyiv)

Current paper performs a brief theoretical review of economic shocks, both temporary and permanent, following deterministic principles of the framework of categories and concepts. A special focus was made upon few aspects of aggregated supply, demand and economic policy shock’s interaction with economic fluctuations problem that, finally, presented in charts. Besides, widely represented empirical data give an opportunity to assess shocks problem significance in the context of effective developed economies macroeconomic paradigm.

Keywords:aggregated supply shock, aggregated demand shock, economic policy shock, fluctuations, liquidity trap, quantity easing policy, recession, targeting, negative interest rates.
 

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Citation link:
Kalinkova I. Y. Economic shocks in the macroeconomic theory: methodological determinism // Современная наука: актуальные проблемы теории и практики. Серия: ЭКОНОМИКА и ПРАВО. -2012. -№07. -С. 3-10
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